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515 Luther Dr; Ames, IA Property Details

515 Luther Dr, Ames, IA is a Single Family that was built in 1961. This property is currently Financed and is not for sale. Our records show that 515 Luther Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,246 square feet. The lot size of 515 Luther Dr is 10,000 square feet.

Off market
515 Luther Dr Ames, IA 50010
$195,000 Listing Price
3 Beds
2 Baths
1,246 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1961
  • Purchase Price: $7,000
  • Open Loans / Balance: 1 / $147,877
  • Est. Equity / %: $134,123 / 47.56%
  • APN: 05-35-101-050
  • Situs County: Story
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Tar & Gravel
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,246/SqFt
  • Lot: 10,000/SqFt
  • Gross: 1,246/SqFt
  • Garage: 495/SqFt
  • Living: 1,246/SqFt
  • Basement: 1,176/SqFt
  • Building: 1,246/SqFt
  • Ground: 1,176/SqFt
  • Basement Finished: 894/SqFt
  • Basement Unfinished: 282/SqFt
  • Price Per Square Foot: $5.62

Legal Description

  • Description: BROADMOOR 3RD ADD LOT:43 AMES
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Ames Community School District
  • Lat / Lon: 42.04834 / -93.618385
  • Subdivision: Broadmoor 3rd Add
  • Property Class: Residential
  • Zoning: RL
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4734
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

515 Luther Dr has no associated ownership info
515 Luther Dr has no associated ownership info.

Taxes

515 Luther Dr has 10 associated Taxes items

515 Luther Dr, Ames, IA pays taxes in Story County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $276,700. The APN we've located for 515 Luther Dr is 05-35-101-050.

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Taxes
  • Assessed Value:  $276,700
  • Assessed Year:  2025
  • Assessed County:  Story
  • APN:  05-35-101-050
  • Assessed Land Value:  55000
  • Market Land Value:  55000
  • Tax Amount:  3806
  • Tax Year:  2025
  • Market Value:  276700
  • Market Year:  2025

Tax History

515 Luther Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $276,700 Land Value $55,000 Improvement Value $221,700 Tax Amount $3,806 Change Rate +0.096198% Assessed CR Tax Rate +0.013755%
Year 2024 Assessed Value $239,300 Land Value $46,500 Improvement Value $192,800 Tax Amount $3,472 Change Rate +0.021778% Assessed CR Tax Rate +0.014509%
Year 2023 Assessed Value $239,300 Land Value $46,500 Improvement Value $192,800 Tax Amount $3,398 Change Rate +0.085623% Assessed CR Tax Rate +0.0142%
Year 2022 Assessed Value $186,000 Land Value $46,500 Improvement Value $139,500 Tax Amount $3,130 Change Rate +0.01229% Assessed CR Tax Rate +0.016828%
Year 2021 Assessed Value $186,000 Land Value $46,500 Improvement Value $139,500 Tax Amount $3,092 Change Rate -0.040943% Assessed CR Tax Rate +0.016624%
Year 2020 Assessed Value $183,300 Land Value $45,800 Improvement Value $137,500 Tax Amount $3,224 Change Rate +0.014261% Assessed CR Tax Rate +0.017589%
Year 2019 Assessed Value $183,300 Land Value $45,800 Improvement Value $137,500 Tax Amount $3,178.67 Change Rate -0.033251% Assessed CR Tax Rate +0.017341%
Year 2018 Assessed Value $183,300 Land Value $45,800 Improvement Value $137,500 Tax Amount $3,288 Change Rate +0.026858% Assessed CR Tax Rate +0.017938%
Year 2017 Assessed Value $183,300 Land Value $45,800 Improvement Value $137,500 Tax Amount $3,202 Change Rate +0.058163% Assessed CR Tax Rate +0.017469%
Year 2016 Assessed Value $168,000 Land Value $44,800 Improvement Value $123,200 Tax Amount $3,026 Change Rate +0.079173% Assessed CR Tax Rate +0.018012%
Year 2015 Assessed Value $168,000 Land Value $44,800 Improvement Value $123,200 Tax Amount $2,804 Change Rate +0.052553% Assessed CR Tax Rate +0.01669%
Year 2014 Assessed Value $157,000 Land Value $41,800 Improvement Value $115,200 Tax Amount $2,664 Change Rate Assessed CR Tax Rate +0.016968%